Shriram Transport Finance Company Ltd. Secured Redeemable NCD.
Key Features of the NCD:
Rating: CRISIL AA/Stable & AA + by CARE
Issue Size – 250 Crores with an option to retain oversubscription upto Rs.250 Crores
Tenor – 36,60 & 84 Months
Interest Payment –Annual & Cumulative all options available.
Coupon:
|
Category of Investor |
3 Yrs |
5 Yrs |
7 Yr |
|
Individuals |
11.25 |
11.50 |
11.75 |
|
Non Individuals |
10.75 |
10.75 |
10.75 |
Issue Period –7th October – 21th October 2013
Issue Period –7th October – 21th October 2013
Listing – Proposed to be listed on BSE & NSE.
Issuance – Both Physical & Demat Form
Minimum subscription – Rs. 10,000 (10 NCDs & in multiples of Rs. 1,000).
*Allotment of NCDs will be on first cum first serve basis